innovation

overcoming the roadblocks to innovation

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6 reasons why innovation is so difficult at accounting firms and 6 practical ways to launch new money-making ideas.

by august j. aquila
creating the effective partnership 

the mantra over the last few years has been “change or die.”  so, why is it that professional services firms, especially accounting and law firms, have found it so difficult to embrace change, innovate and spend time and resources on research and development in order to build a stronger future?

here are six reasons why firms fail to innovate: read more →

good ideas can come from anywhere

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ed mendlowitz cpa the practice doctor q and areading a lot of magazines keeps thinking fresh.

by ed mendlowitz
“tax season opportunity guide“

question: why do you read so many magazines that have nothing to do with accounting? i noticed this from your blogs and references you make in your speeches.

answer: i read a lot because i like to, and because i view it as part of my job of bringing ideas to clients to help them in their businesses and because i am always looking for ideas to help my business grow. ideas are not specific to an industry. read more →

how firms unleash the power of diamonds, cash cows and fat cats

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dozens of accounting firms are turning a business cliche into new growth.

by gale crosley
crosley & co.

an internet search for the term “predictable growth” yields millions of links to websites, videos, books, and consultants. there seems to be no doubt about the idea that growth can be planned and charted.

but for accounting professionals who are trying to grow their firms, it may seem that there’s nothing at all predictable about sources of opportunity and how to manage them. if that’s your situation, it may be because you haven’t yet unlocked the power of the product lifecycle.

more gale crosley at 卡塔尔世界杯常规比赛时间 for pro members:

in the 1970s, bruce henderson of the boston consulting group introduced the concept that products and services have a predictable, consistent cycle. some four decades later, the bcg matrix that he developed remains a popular growth tool. dozens of accounting firms are adapting a version of the model and are using it to help determine how to grow each service line and industry. read more →